close Nijnja after daily 5 points

[mtamaku]

Hello:
Is there an automated way using an indicator or strategy to exit Ninja trader once I have reached some daily profit value let's say 5 points ? My issue is I am over trading and giving up all after profitable. This is just to set some discipline. Thank you.

[NinjaTrader_Jim]

Hello mtamaku,

Thanks for writing in.

This would be possible in the context of C# but we do not offer a supported means to shut down the platform through NinjaScript. One option would be to apply logic to your strategies so they stop taking trades after a certain point, however.

The Performance object could be used to get a strategies trade performance, or you can use GetAccountValue() to monitor the RealizedProfitLoss of the account. GetAccountValue(AccountItem.RealizedProfitLoss) will not be shown in points since it is a collective figure involving multiple instruments.

NinjaTrader 8 has a CloseStrategy() method which can cancel orders and close positions made by the strategy, but NinjaTrader 7 would need to have that functionality implemented by the strategy developer.

I've included documentation links to the items discussed as well as a sample for creating a time filter.

Performance - https://ninjatrader.com/support/help...erformance.htm

TradesPerformance - https://ninjatrader.com/support/help...erformance.htm

GetAccountValue() - https://ninjatrader.com/support/help...countvalue.htm

SampleTimeFilter - https://ninjatrader.com/support/foru...ead.php?t=3226

Please let me know if you have any additional questions.

[elliot5]

Print(GetAccountValue(AccountItem.RealizedProfitLo ss + " " + "Realized PnL"));

gives "The name "GetAccountValue" does not exist in the current context error. Any variables or oninitialize statements needed here? Regards

[NinjaTrader_Jim]

Hello elliot5,

You will need to check your syntax. In your snippet, you are calling GetAccountValue with AccountItem.RealizedProfitLoss + " " + "Realized PnL" instead of AccountItem.RealizedProfitLoss.

See here for a test with proper syntax - https://i.imgur.com/Scm8Yd5.png

We look forward to assisting.